|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||26.64 - 27.10|
|52 Week Range||16.35 - 28.00|
|PE Ratio (TTM)||7.31|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Former Perry Ellis International Chairman and CEO George Feldenkreis has set a deadline for the company to accept or reject his all-cash acquisition offer. George Feldenkreis is still Perry Ellis’ largest shareholder with a 10.8 percent stake. In February, George Feldenkreis sent a letter to Perry Ellis offering to acquire its outstanding shares for $27.50 each, with financing from Fortress Investment Group.
George Feldenkreis, former chief executive of Perry Ellis International Inc. and its biggest shareholder, has nominated four people to the apparel-maker’s board of directors just a few months after he offered to buy the entire company. Mr. Feldenkreis, who founded the company and continues to serve on its board, nominated Perry Ellis’s current CEO and his son, Oscar Feldenkreis, and three other external candidates to overhaul the board, which currently has seven members. George Feldenkreis said in a release Friday that he wanted to agree on a deal by May 18, the deadline Perry Ellis had set for board nominations.
The extension comes as a takeover bid by former Perry Ellis International CEO and chairman George Feldenkreis remains up for consideration.
Perry Ellis International Inc. shares fell 3.8% in Friday premarket trading after the fashion brand gave guidance that is below consensus. Net income for the quarter was $39.7 million, or $2.56 per share, ...
The Miami-based company said it had profit of $2.56 per share. Earnings, adjusted for one-time gains and costs, came to 88 cents per share. The results met Wall Street expectations. The average estimate ...
The economic calendar is busy on Friday as investors look to get something going amid what's been a pretty downbeat weak of trading for stocks.
Perry Ellis International has extended the deadline for nominations of its board of directors as the company continues to evaluate a takeover bid by its founder and former CEO George Feldenkreis. The extension means that the Miami apparel company's current board of directors will remain in place until at least April 12, while a special committee looks over a proposal by George Feldenkreis to buy out the remaining outstanding shares of the company. By extending the deadline, it ensures that Feldenkreis, the majority shareholder, can't nominate a new director for the next month while the special committee is evaluating its proposal.
Perry Ellis's special committee is in the process of evaluating a proposal by its founder George Feldenkreis to buy out the remaining outstanding shares of the company.
Perry Ellis International (PERY) is seeing encouraging earnings estimate revision activity as of late and carries a favorable rank, positioning the company for a likely beat this season.
Undervalued companies, such as Perry Ellis International and Carnival, are those that trade at a price below their actual values. There’s a few ways you can determine how much aRead More...
Perry Ellis International (PERY) announced today that it has formed a special committee to evaluate a proposal by its former CEO to take back control of the company. On Feb. 6, the apparel company's former CEO and founder, George Feldenkreis, made a bid to buy all of the company's remaining outstanding stock and take the company private. Feldenkreis, who owns about 11 percent of the company's stock, was ousted as its chairman six months prior.
Shares of Perry Ellis International, Inc. (NASDAQ: PERY ) moved notably higher after the company received a takeout offer from its founder George Feldenkreis — who was ousted less than six months ago, ...
The founder of Perry Ellis International wants to take back control of the company he founded. George Feldenkreis, who launched Perry Ellis as Supreme International Corp. in Miami 50 years ago after fleeing Cuba, filed a bid with New York City-based Fortress Investment Group to acquire all shares of the company. Feldenkreis owns about 11 percent of the apparel company (PERY) and is its largest shareholder.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Tesla Inc (NASDAQ: TSLA ) stock traded higher by 0.8 ...
Perry Ellis International Inc's former chairman, George Feldenkreis, on Wednesday offered to buy the clothing company for $430 million with a plan to take the company private. Feldenkreis, who is the company's largest shareholder, offered $27.50 per Perry Ellis share. Perry Ellis confirmed that it received the offer from Feldenkreis and would review the proposal.
The Zacks Analyst Blog Highlights: Lululemon Athletica, Amazon, Perry Ellis International, PVH and Oxford Industries
Shares of Lululemon Athletica (LULU) surged over 7% on Thursday after the athleisure power posted strong Q3 earnings. This move helps show investors that retail and apparel is not doomed, especially if you look in the right places.